Till the exhibition
|CBU Currency of 17.10.2017|
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The participation of international and domestic companies in the exhibition «Metallurgy and Metal Processing. Machine-tool construction, Welding» will undoubtedly promote the development of trade and economic cooperation and strengthen business relations, will establish cooperation in the field of scientific research and application of new technologies, establishing joint ventures and production.
Official support of the international exhibition:
National Exhibition Complex “UzExpoCenter”, Pavilion №1
The Russian company MetProm will develop a project to upgrade production capacity of Uzbek Metallurgical Plant JSC (Uzmetkombinat) with the cost of almost US$550 million.
RIA Novosti agency reported quoting the representative of Uzmetkombinat, till the end of September 2017, Uzbekistan will receive the project for consideration.
The agency noted that Uzbekistan and MetProm will continue negotiations on further stage of cooperation following the results of the project development.
The project will be implemented in two phases in 2017-2020. The project envisages construction of two steelmaking (800,000 and 1.12 million tonnes) and two steel processing furnaces. A casting and rolling complex (1.07 million tonnes) will also be built.
The project will allow the plant to increase production of rolled metal by 2.1 times compared to 2016 - up to 1.5 million tonnes by 2020 and up to 2.5 million tons by 2022 due to the development of new types of hot rolled products.
It is expected that the project will be financed through loans and loans, as well as foreign direct investment.
Uzbekistan will import 50,000 tonnes of rolled ferrous metals in 2917. President of Uzbekistan Shavkat Mirziyoyev signed a decree “On measures to satisfy additional demand of Uzbekistan for rolling ferrous metals and metallurgical raw materials".
According to the document, Uzbekistan will import 50,000 tonnes of rolled ferrous metals in 2017 under contracts with manufacturing plants or their official dealers (distributors) without conducting tenders.
Uzbekistan Temir Yollari will import rolled ferrous metals. Imported products will be directed to construction of affordable habitation in Uzbekistan, metro line, and ring railway, etc.
Uzmetkombinat will purchase raw materials for production of 20,000 tonnes of rolled ferrous metals.
Uzbek leader granted customs and tax benefits to some companies till 1 January 2019.
Russia’s Uralmashzavod (UZTM) plans to sign a contract for supply of mining equipment with the Navoi Mining and Smelting Combine (NGMK), the press service of UZTM said.
According to the Russian company, NGMK plans to purchase an excavator ECG-5A.
Mikhail Gunitsev, director of the mining equipment division of Uralmashzavod, told Nakanee.RU that this year NGMK will receive two five-cube excavators. The delivery is scheduled for June and November, he said.
Russian company is planning to supply ECG-5A excavators in 2018. The cost of the ECG-5A excavator reaches 70 million rubles. The price of the serial ECG-18, which may also be supplied to Uzbek miners, is about 460 million rubles.
In May, IZ- KARTEKS also signed contracts for supply of 37 excavators ECG-8US, ECG-10 and ECG-15 to Uzbekugol, NGMK and AGMK. Since 2010, the company has supplied to Uzbekistan more than 40 machines.
The Russian company MetProm develops project for Uzmetkombinat.04 August 2017
Uzbekistan imports 50,000 tonnes of rolled ferrous metals in 2017.23 June 2017
Uralmashzavod to supply mining equipment to Uzbekistan.12 April 2017
The Almalyk Mining and smelting plant has begun development of the new field.12 April 2017
High speed ring railroad to be constructed in Tashkent.06 April 2017
Gazprombank, Asaka Bank to co-finance metallurgy plant in Tashkent.